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DJ Alibaba Group Holding Ltd. ADR Underperforms Monday When Compared To Competitors

Dow Jones2021-09-14

DJ Alibaba Group Holding Ltd. ADR Underperforms Monday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

The Alibaba Group Holding Ltd. ADR $(09988)$ slipped 1.60% to $165.41 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.76% to 34,869.63 and the NASDAQ Composite Index falling 0.07% to 15,105.58. Alibaba Group Holding Ltd. ADR closed $153.91 below its 52-week high ($319.32), which the company reached on October 27th.

The ADR underperformed when compared to some of its competitors Monday, as Amazon.com Inc. $(AMZN)$ fell 0.35% to $3,457.17, eBay Inc. $(EBAY)$ rose 0.15% to $72.67, and Rakuten Group Inc. ADR rose 0.20% to $10.22. Trading volume (15.4 M) remained 9.6 million below its 50-day average volume of 25.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled September 13, 2021.

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$(END)$ Dow Jones Newswires

September 13, 2021 16:39 ET (20:39 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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Comment1

  • Heng8818
    ·2021-09-14
    Haha 9988 is going down down down..
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